If you have observed the drab dribbling out of the American Daily, you might have thought that Russian’s Vladimir Putin is a chump. Nevertheless, if you are an avid reader with congruity of mind, you could note otherwise. Putin has been crowned as World’s Most Powerful People several times over. It’s a misnomer to imply that Putin is a chump.
I think that author Marin Katusa (The Colder War: How the Global Energy Trade Slipped from America’s Grasp) has nailed it in his Fortune article:
The harsh reality is that U.S. shale fields have much more to fear from plummeting oil prices than the Russians, since their costs of production are much higher, says Marin Katusa, author of The Colder War: How the Global Energy Trade Slipped from America’s Grasp.
As the author expands upon, the geopolitical situation is not as black and white as the press make it out to be. The big advantage that the United States has is the petrodollar. If the world traded oil in Russia’s currency, we wouldn’t be discussing this abnormality as it is.
What we’re witnessing is another case of amnesia. The stuffed shirts tend to conveniently forget the epochal event that Putin described himself, the gas deal that Russia and China agreed upon. Several of these deals and the United States slowly loses its hegemony.
Oh, and Russia Reaches Deal With Iran, forming yet another crucial alliance.
Putin has signed several deals with Argentina, as we see Argentina aligning itself with Russia. This includes a nuclear energy deal and natural gas deal.
While we’re at it, let’s not forget the deal with India, India to get 10 nuclear reactors in Russian cooperation deal. The world forgets what an emerging giant that India has become.
Here’s another blunt way of wrapping it up with a bow tie: Vladimir Putin is outflanking the west at every turn. Does Putin make Obama look like a stooge or puppet? Or maybe a chump?
And don’t you just love the way the western press has made Khodorkovsky into some kind of a martyr? Please convince the world that Americans don’t incriminate their political opponents? Good luck with that one.
In any event, don’t expect Putin to allow the bear be chained. That’s not going to happen, because the bear has access to energy…